According to Bear Stearns analysts, Robert Justich and Betty Ng, the illegal alien population of the U.S. is about 20 million – roughly the population of New York State. The report asserts that there are between 12 and 15 million jobs in the U.S. currently held by illegal aliens, or about 8 percent of the work force. Moreover, between 4 and 6 million jobs have shifted to the underground economy since 1990. These are not "jobs Americans won’t do," but rather jobs Americans used to do. "The United States is simply hooked on cheap, illegal workers and deferring the costs of providing public services to these quasi-American," conclude Justich and Ng.

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The Underground Labor Force Is Rising To The SurfaceRobert Justich and Betty Ng, CFA
January 3, 2005

Illegal immigrants constitute a large and growing force in the political, economic, and investment spheres in The United States. The size of this extra-legal segment of the population is significantly understated because the official U.S.Census does not capture the total number of illegal immigrants. In turn, the growth of the underground work force
is increasingly concealing the economic impact of this below-market labor supply. Our research has identified significant evidence that the census estimates of undocumented immigrants may be capturing as little as half of the total undocumented population. This gross undercounting is a serious accounting issue, which could ultimately lead to government policy errors in the future.

Though we cannot conduct an independent census of the United States population, as investors, we need not accept the accuracy of the official census immigration statistics, which are widely recognized as incomplete. There are many ancillary sources of data that provide evidence that the rate of growth in the immigrant population is much greater than the Census Bureau statistics. School enrollments, foreign remittances, border
crossings, and housing permits are some of the statistics that point to a far greater rate of change in the immigrant population than the census numbers. At the risk of appearing dogmatic or taking a leap of faith, we have applied the rate of growth from these other areas and have drawn several conclusions about the current immigration population:

1. The number of illegal immigrants in the United States may be as high as 20
million people, more than double the official 9 million people estimated by the
Census Bureau.

2. The total number of legalized immigrants entering The United States since 1990
has averaged 962,000 per year. Several credible studies indicate that the
number of illegal entries has recently crept up to 3 million per year, triple the
authorized figure.

3. Undocumented immigrants are gaining a larger share of the job market, and
hold approximately 12 to 15 million jobs in the United States (8% of the
employed)

4. Four to six million jobs have shifted to the underground market, as small
businesses take advantage of the vulnerability of illegal residents.

5. In addition to circumventing the Immigration Reform and Control Act of 1986, many employers of illegal workers have taken to using unrecorded revenue receipts. Employer enforcement has succumbed to political pressure.

6. Cell phones, internet and low-cost travel have allowed immigrants easier illegal access to the United States and increased their ability to find employment and circumvent immigration laws.

We believe that immigration is becoming one of the most significant economic themes of this decade. The investment implications for 2005 and 2006 will hinge on the forthcoming government policy decisions in amnesty, employer enforcement, and monitoring systems, as well as the effective enforcement of the laws. Over the coming year, we intend to monitor and analyze the benefits and costs of assimilating a demographic group the size of New York State into the financial and legal mainstream.

"Kevin Alfred Strom was talking about how it may get so bad that people wont tolerate it no more. Iv’e got a great respect for Kevin and his work, but Kevin, on that, i’m afraid you're wrong. People wont tolerate it, but they will run away from it. And especially in this country, where theirs so much space, that people will keep on running and running and running, well past the time where your in the minority, and you'll lose. People don't tolerate things they just run away from them. Or, theyv’e got to wake up, well no, this is why Jackie gave a talk before, and actually it’s a better talk with a projector there. but couldn't be done. So you see this graph there.

"They (the mass of people) wont wake up like we did, because they're not like us. Theirs so many people in the movement, and we've have this in Britain for years and years and years. Youv’e read a leaflet, one of the speakers earlier said, Paul, I think, said he got this thing in the mail one day, and - it's changed his life. Some of you have seen a leaflet, or a sticker, and - its changed your life, read a web site - its changed your life. That’s because you're one of the 2.5 percent, the 97.5 percent cannot simply change their opinion based on something which they read. Honestly that's a fact. Every single marketer in this world who is trying to sell cars, washing machines, or soap powder or liberalism, they know, they've known since the sixties, that most people can't make up their own minds. They have to see people who they respect, doing something which is relevant for them, Then they can buy into that. and that's it. And a movement which is based on something which recruited us, is never going to break out of that 2.5 percent. If that’s all you've grasped from my talk today, if theirs only 5 or 6 people who write propaganda and who organise movements, who grasp that point then my work is done. I can go home, its so so so important.

"They won't wake up, we can get the people who will wake up and with them we can build a movement which says to people - hey this is for me. This is good decent ordinary people who will help me and my family, or if their particularly unselfish, doing something for my community, or nation. Perhaps that's what you can do, but no more than that."Nick Griffin New Orleans 2005

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"What is missing is the will from a handful of people to say - ‘yup here we are, we will provide the leadership’.

"It’s got to be done quickly, it must be done quickly. Not because by 2050 your going to be a minority in your own homeland, because actually this place is so big, that if you could have 5, or 6 states, and it was only you in that homeland, I think it would be paradise. I’d want my kids and my grand kids to go there, it would be fine. It would be fine, it wouldn't really matter that much. But as it is, if you look at the US as a whole, then you've got until 2050, and then you can kiss it good bye, and you've got to go somewhere else. Because it wont be yours anymore."

Nick Griffin, Chairman of British National Party
Second International European American Conference
New Orleans Conference, LA, May 20-22, 2005

The report asserts that there are between 12 and 15 million jobs in the U.S. currently held by illegal aliens, or about 8 percent of the work force. Moreover, between 4 and 6 million jobs have shifted to the underground economy since 1990. These are not "jobs Americans won’t do," but rather jobs Americans used to do. "The United States is simply hooked on cheap, illegal workers and deferring the costs of providing public services to these quasi-American," conclude Justich and Ng.

It is impossible to get a job in Jew York, they have every regular job known to man, they have plenty of jobs that young white kids would and could do, our people are hiring these cockroaches and paying them $3 an hour, instead of giving some white kid who wants to got to college a job or a young mother or white immigrant like me